NZ Sales Dragged Down in Year’s Second Half

Sales of new vehicles started off strong in 2008, but from July onward registered a decline compared with like-2007.

New Zealand new-car sales dropped 5.2% to 73,397 units in 2008, while commercial-vehicle deliveries slid 4.3% to 23,933, vs. year-ago, The Motor Industry Assn. reports.
Sales of new vehicles started off strong in 2008, but from July onward registered a decline compared with like-2007. Passenger cars had their lowest annual result since 2003.
December new-car sales fell 6.1% to 5,224 units, from prior-year, while commercial-vehicle deliveries slid 6.1% to 1,597.
“It’s a reality that ...

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